🚨 Major Middle East escalation overnight:
– US & Israel began large-scale strikes inside Iran, reportedly targeting senior officials
– Iran has responded with attacks on US bases in Qatar, Kuwait & the UAE, along with strikes on Israel
– US officials say operations could last days to weeks
Market sectors to watch:
• Energy (oil reaction to supply risk)
• Defense contractors
• Airlines & travel (geopolitical risk / fuel costs)
• Gold & safe havens
• Domestic staples / food producers
In times like these money flows to what people need, not necessarily what they want.
Markets don’t like unrest